TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018

Name of foundation
GEORGE I SPEER AND LIZZIE F SPEER MEMORIAL

Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212

A Employer identification number

51-6016691

B Telephone number (see instructions)

(412) 768-5898

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$15,358,816J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	431,803		431,803
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,764,013
b	Gross sales price for all assets on line 6a 9,334,134
7	Capital gain net income (from Part IV, line 2)...			1,764,013
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		454	454
12	Total. Add lines 1 through 11........	2,196,270		2,196,270
13	Compensation of officers, directors, trustees, etc.	116,855		111,012		5,843
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		37,833	5,117		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		10,959	10,959
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	165,647		127,088	0	5,843
25	Contributions, gifts, grants paid.......	778,982				778,982
26	Total expenses and disbursements. Add lines 24 and 25	944,629		127,088	0	784,825
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,251,641
b	Net investment income (if negative, enter -0-)			2,069,182
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	387,324	797,028	797,028
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	3,237,194	5,805,934	6,067,728
	c	Investments—corporate bonds (attach schedule).......	199,618
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	10,234,140	8,706,954	8,494,060
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	14,058,276	15,309,916	15,358,816
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	13,926,445	15,183,875
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	131,831	126,041
	30	Total net assets or fund balances (see instructions).....	14,058,276	15,309,916
	31	Total liabilities and net assets/fund balances (see instructions).	14,058,276	15,309,916

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

14,058,276

Enter amount from Part I, line 27a .....................

1,251,641

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

15,309,917

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

15,309,916

Form 990-PF (2018)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	54. CENTENE CORP			2018-01-02
b	45. SBA COMMUNICATIONS CORP		2009-03-05	2018-01-02
c	200000. USA TREASURY NOTES 00.750% DUE 12/31/2017		2017-03-31	2018-01-02
d	103. AGILENT TECHNOLOGIES (IPO)		2017-04-21	2018-01-04
e	27. AGILENT TECHNOLOGIES (IPO)		2017-04-21	2018-01-04
	40. THERMO ELECTRON CORP COM		2015-08-20	2018-01-04
	79. WYNDHAM WORLDWIDE CORP			2018-01-04
	171. WYNDHAM WORLDWIDE CORP		2015-12-16	2018-01-05
	93. GLOBAL PAYMENTS INC-W/I			2018-01-08
	318. MITSUBISHI ESTATE UNSPON ADR		2013-09-30	2018-01-10
	107. GULFPORT ENERGY CORP NEW		2016-04-13	2018-01-11
	.926 NATIONAL GRID GROUP PLC SEDOL BZ8FYV0		2017-04-05	2018-01-11
	123. STARBUCKS CORP COM			2018-01-11
	82. FACEBOOK INC			2018-01-17
	3. TRANSCANADA CORP (HOLDING CO)		2017-06-02	2018-01-19
	57. TRANSCANADA CORP (HOLDING CO)			2018-01-19
	75. TRANSCANADA CORP (HOLDING CO)		2017-06-05	2018-01-19
	40. TRANSCANADA CORP (HOLDING CO)		2017-06-05	2018-01-22
	195. TRANSCANADA CORP (HOLDING CO)			2018-01-22
	177. STARBUCKS CORP COM		2017-04-03	2018-01-24
	43. ROYAL DUTCH SHELL PLC ADR B		2017-04-05	2018-01-25
	300. CBS CORP CLASS B WI			2018-02-02
	50. HOME DEPOT INC COM			2018-02-02
	30. MOHAWK INDS INC		2016-08-05	2018-02-02
	27. TRANSDIGM GROUP INC			2018-02-05
	12. RAYMOND JAMES FINANCIAL INC		2004-11-02	2018-02-07
	73. UNITED OVERSEAS BK LTD SPONSORED ADR		2017-04-05	2018-02-08
	.086 IBERDROLA SA SPON ADR		2017-04-05	2018-02-15
	260. PEPSICO INC COM		2016-10-19	2018-02-23
	121. PROLOGIS INC		2017-06-02	2018-02-23
	280. PROLOGIS INC			2018-02-23
	129. PROLOGIS INC		2017-06-02	2018-02-26
	39. SAP SE SPONSORED ADR		2012-05-03	2018-02-27
	92. NASPERS LTD ADR		2016-02-10	2018-02-28
	49. SHERWIN-WILLIAMS CO			2018-03-02
	1. SHERWIN-WILLIAMS CO		2017-06-20	2018-03-05
	34. NOVARTIS AG SPONSORED ADR		2017-04-05	2018-03-07
	130. STANLEY BLACK & DECKER INC			2018-03-09
	320. TESCO PLC SPON ADR		2017-04-05	2018-03-09
	116. DOLLAR TREE INC		2017-08-02	2018-03-20
	122. ALLIANZ SE SPON ADR		2017-04-05	2018-03-27
	65. UNITED OVERSEAS BK LTD SPONSORED ADR		2017-04-05	2018-03-29
	60. MOHAWK INDS INC			2018-04-05
	30. MOHAWK INDS INC		2017-08-18	2018-04-05
	1. JPMORGAN CHASE 46625H100		2001-01-01	2018-04-24
	110. AETNA INC NEW		2013-05-31	2018-04-26
	61. ILLINOIS TOOL WORKS INC COM		2016-02-17	2018-04-26
	119. ILLINOIS TOOL WORKS INC COM			2018-04-27
	2430. TURKIYE GARANTI BANKASI ADR		2012-02-15	2018-04-27
	131. PACIFIC PREMIER BANCORP INC		2018-01-08	2018-05-02
	320. ALTRIA GROUP INC			2018-05-04
	235. COMCAST CORPORATION CL A			2018-05-04
	70. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868			2018-05-04
	24. SAP SE SPONSORED ADR		2017-04-05	2018-05-07
	55. TOKIO MARINE HOLDINGS ADR		2017-04-05	2018-05-11
	55. BERRY GLOBAL GROUP INC		2016-08-25	2018-05-15
	254. BERRY GLOBAL GROUP INC			2018-05-15
	130. HONEYWELL INTL INC			2018-05-15
	10. HONEYWELL INTL INC		2015-07-20	2018-05-15
	74. BERRY GLOBAL GROUP INC			2018-05-16
	73. BERRY GLOBAL GROUP INC			2018-05-16
	28. BERRY GLOBAL GROUP INC		2016-10-17	2018-05-16
	11. BERRY GLOBAL GROUP INC		2016-10-17	2018-05-17
	5. BERRY GLOBAL GROUP INC		2016-10-17	2018-05-17
	37. SHIRE PLC SPONSORED ADR		2016-11-25	2018-05-18
	49. SHIRE PLC SPONSORED ADR			2018-05-18
	64. DASSAULT SYSTEMS SA SPON ADR		2012-02-15	2018-05-21
	117. DISNEY WALT CO		2017-05-26	2018-05-22
	330. ANALOG DEVICES INC			2018-05-23
	23. SAP SE SPONSORED ADR		2017-04-05	2018-05-25
	56. TOKIO MARINE HOLDINGS ADR		2017-04-05	2018-05-29
	124. ENTEGRIS, INC			2018-05-30
	286. TESCO PLC SPON ADR		2017-04-05	2018-05-31
	75. CANON INC SPONS ADR		2017-04-05	2018-06-05
	23. SAP SE SPONSORED ADR		2017-04-05	2018-06-06
	2028. ISHARES SELECT DIVIDEND ETF		2011-12-21	2018-06-11
	450. HALLIBURTON CO			2018-06-13
	48. SMUCKER J M CO COM NEW		2018-02-23	2018-06-13
	51. SMUCKER J M CO COM NEW			2018-06-14
	57. AGILENT TECHNOLOGIES (IPO)			2018-06-15
	113. AGILENT TECHNOLOGIES (IPO)		2017-04-24	2018-06-15
	120. AGILENT TECHNOLOGIES (IPO)		2017-08-18	2018-06-15
	131. SMUCKER J M CO COM NEW			2018-06-15
	248. BLOOMIN BRANDS INC			2018-06-19
	99. BLOOMIN BRANDS INC		2017-11-16	2018-06-19
	30. KONINKLIJKE AHOLD DELHAIZE ADR SEDOL BD9FL92		2017-04-05	2018-06-25
	90. KONINKLIJKE AHOLD DELHAIZE ADR SEDOL BD9FL92		2017-04-05	2018-06-27
	110. CONSTELLATION BRANDS INC CL A			2018-07-02
	68. CUMMINS INC		2017-02-21	2018-07-02
	42. CUMMINS INC		2017-02-21	2018-07-03
	25. SAP SE SPONSORED ADR		2017-04-05	2018-07-09
	83. WGL HLDGS INC MERGED 07/09/18 @ $88.25 P/S			2018-07-11
	100. CONSTELLATION BRANDS INC CL A		2014-07-22	2018-07-13
	33. GENERAL DYNAMICS CORP		2015-05-27	2018-07-13
	14. GENERAL DYNAMICS CORP			2018-07-13
	56. THERMO ELECTRON CORP COM		2015-08-20	2018-07-13
	73. GENERAL DYNAMICS CORP		2015-06-01	2018-07-16
	44. THERMO ELECTRON CORP COM		2015-08-20	2018-07-16
	151. DOLLAR TREE INC		2017-08-02	2018-07-18
	28. INTUIT SOFTWARE			2018-07-20
	83. CANON INC SPONS ADR		2017-04-05	2018-07-25
	60. PARKER HANNIFIN CORP		2017-04-07	2018-07-27
	82. STATE STR CORP COM			2018-07-27
	244. STATE STR CORP COM		2016-09-09	2018-07-27
	14. STATE STR CORP COM			2018-07-27
	96. TYSON FDS INC COM		2016-03-11	2018-07-27
	19. TYSON FDS INC COM		2016-03-11	2018-07-27
	90. PARKER HANNIFIN CORP		2017-04-07	2018-07-30
	55. TYSON FDS INC COM		2016-03-11	2018-07-30
	49. TYSON FDS INC COM		2017-09-29	2018-07-30
	121. TYSON FDS INC COM		2017-09-29	2018-07-30
	3. SAP SE SPONSORED ADR		2017-11-20	2018-08-02
	19. SAP SE SPONSORED ADR		2017-04-05	2018-08-02
	10. SNAP-ON INC COM		2004-11-02	2018-08-06
	.914 IBERDROLA SA SPON ADR		2017-04-05	2018-08-09
	1. AMERICAN INTERNATIONAL GROUP INC		2001-01-01	2018-08-10
	23. SAP SE SPONSORED ADR		2017-11-20	2018-08-15
	142. JOHNSON & JOHNSON COM		2016-08-02	2018-08-16
	99. LAUDER ESTEE COS INC CL A		2017-09-01	2018-08-16
	56. LAUDER ESTEE COS INC CL A			2018-08-16
	130. FACEBOOK INC			2018-08-17
	6. LAUDER ESTEE COS INC CL A		2017-09-29	2018-08-17
	99. LAUDER ESTEE COS INC CL A		2017-09-29	2018-08-17
	36. AIA GROUP LTD SPONSORED ADR		2012-03-30	2018-08-20
	93. BANCO BILBAO VIZCAYA ARGENTARIA S A		2016-10-21	2018-08-20
	8. CANADIAN NATL RAILWAY CO SEDOL 2210959		2012-02-15	2018-08-20
	9. DBS GROUP HLDGS LTD SPONSORED ADR		2012-02-15	2018-08-20
	39. FANUC CORP ADR			2018-08-20
	12. FRESENIUS MED CARE SPONSORED ADR			2018-08-20
	8. LVMH MOET HENNESSY LOUIS ADR		2012-02-15	2018-08-20
	11. NESTLE S A SPONSORED ADR REPSTG REG SH		2012-02-15	2018-08-20
	14. ROYAL DUTCH SHELL PLC ADR B		2016-03-10	2018-08-20
	15. SYSMEX CORP UNSPONSORED ADR		2012-11-29	2018-08-20
	28. TAIWAN SEMICONDUCTOR MTG CO ADR		2014-01-13	2018-08-20
	7. CHECK POINT SOFTWARE COM		2016-09-12	2018-08-20
	35. ROYAL DUTCH SHELL PLC ADR A		2017-10-20	2018-08-23
	197. ORACLE CORP			2018-08-24
	5. ROYAL DUTCH SHELL PLC ADR A		2017-10-20	2018-08-24
	143. ROYAL DUTCH SHELL PLC ADR A			2018-08-24
	124. ROYAL DUTCH SHELL PLC ADR A		2017-10-23	2018-08-27
	3. ROYAL DUTCH SHELL PLC ADR A		2017-10-23	2018-08-27
	18. BP PLC SPONSORED ADR		2017-04-05	2018-09-05
	20. ENI S P A SPONSORED ADR		2017-04-05	2018-09-05
	33. IBERDROLA SA SPON ADR		2017-04-05	2018-09-05
	110. LAM RESEARCH CORP		2015-12-18	2018-09-14
	82. MARRIOTT INTERNATIONAL INC CL A		2018-01-04	2018-09-14
	11. MARRIOTT INTERNATIONAL INC CL A		2018-01-04	2018-09-14
	130. STRYKER CORP			2018-09-14
	97. MARRIOTT INTERNATIONAL INC CL A		2018-01-04	2018-09-17
	1. NORTEL NETWORK CORPORATION		2001-01-01	2018-09-18
	96. SYSMEX CORP UNSPONSORED ADR		2012-11-29	2018-09-19
	175. ENEL SPA ADR		2017-04-05	2018-10-03
	22. SANOFI SPONSORED ADR		2017-04-05	2018-10-03
	21. TAIWAN SEMICONDUCTOR MTG CO ADR		2017-04-05	2018-10-03
	101. TELIA COMPANY AB		2017-04-05	2018-10-03
	18. GARRETT MOTION INC-WI			2018-10-08
	82. XPO LOGISTICS INC		2017-11-01	2018-10-10
	22. BORG WARNER INC.		2017-08-18	2018-10-11
	29. BORG WARNER INC.		2017-08-18	2018-10-11
	111. BORG WARNER INC.			2018-10-11
	.4 GARRETT MOTION INC-WI		2017-04-03	2018-10-11
	56. US FOODS HOLDING CORP		2018-06-13	2018-10-11
	504. US FOODS HOLDING CORP			2018-10-11
	157. BORG WARNER INC.			2018-10-12
	127. BORG WARNER INC.			2018-10-15
	20. BORG WARNER INC.		2017-09-29	2018-10-15
	82. BORG WARNER INC.		2017-09-29	2018-10-16
	32. BORG WARNER INC.		2017-10-02	2018-10-16
	62. CANON INC SPONS ADR		2017-04-05	2018-10-16
	21. CANON INC SPONS ADR		2017-11-20	2018-10-16
	40. CANON INC SPONS ADR		2017-11-20	2018-10-18
	5. APPLIED MATERIALS INC		2016-07-14	2018-10-25
	402. APPLIED MATERIALS INC		2016-07-14	2018-10-25
	56. CANTEL MEDICAL CORP			2018-10-25
	364. DOWDUPONT INC			2018-10-25
	44. DOWDUPONT INC		2016-10-14	2018-10-25
	13. APPLIED MATERIALS INC		2016-07-14	2018-10-26
	12. DOWDUPONT INC		2016-10-14	2018-10-26
	12. PRAXAIR INC		2017-03-16	2018-10-31
	62. PRAXAIR INC			2018-10-31
	.665 RESIDEO TECHNOLOGIES INC-W/I		2017-03-16	2018-11-01
	630. FIRST DATA CORP- CLASS A			2018-11-02
	30. RESIDEO TECHNOLOGIES INC-W/I			2018-11-02
	17. TEXAS INSTRS INC COM		2015-11-11	2018-11-02
	363. TEXAS INSTRS INC COM			2018-11-02
	104. FIRST DATA CORP- CLASS A			2018-11-05
	11. FIRST DATA CORP- CLASS A		2018-08-21	2018-11-05
	39. SANOFI SPONSORED ADR		2017-04-05	2018-11-05
	88. FIRST DATA CORP- CLASS A		2018-08-21	2018-11-06
	17. FIRST DATA CORP- CLASS A		2018-08-21	2018-11-06
	69. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868			2018-11-08
	82. IBERDROLA SA SPON ADR		2017-04-05	2018-11-09
	82. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2017-04-10	2018-11-09
	15. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2017-04-10	2018-11-09
	58. DASSAULT SYSTEMS SA SPON ADR		2012-02-15	2018-11-12
	55. SANOFI SPONSORED ADR		2017-04-05	2018-11-12
	93. WPP PLC ADR		2012-02-15	2018-11-12
	14. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2017-04-10	2018-11-12
	153. DAITO TRUST CONS-SPN ADR ADR SEDOL BHBXYK4		2018-01-10	2018-11-13
	124. KONINKLIJKE AHOLD DELHAIZE ADR SEDOL BD9FL92		2017-04-05	2018-11-13
	92. STEELCASE INC CL A		2018-09-04	2018-11-13
	74. KANSAS CITY SOUTHERN			2018-11-14
	86. FEDEX CORPORATION		2018-05-15	2018-11-16
	4. FEDEX CORPORATION		2018-05-15	2018-11-16
	.731 BANCO SANTANDER S A ADR		2017-04-05	2018-11-20
	1. NU SKIN ENTERPRISES 67018T105		2001-01-01	2018-11-23
	322. TELEFONICA S.A. SPONSORED ADR		2017-04-05	2018-12-03
	58. BP PLC SPONSORED ADR		2017-04-05	2018-12-11
	220. ABBVIE INC		2017-12-08	2018-12-12
	52. ALPHABET INC/CA-CL A			2018-12-12
	39. AMAZON.COM INC			2018-12-12
	240. AMERICAN WATER WORKS CO INC		2016-02-09	2018-12-12
	190. AMGEN INC			2018-12-12
	210. AMPHENOL CORP NEW CL A			2018-12-12
	530. APPLE INC			2018-12-12
	610. ARCHER DANIELS MIDLAND CO			2018-12-12
	230. AUTOMATIC DATA PROCESSING INC			2018-12-12
	35. AUTOZONE INC		2018-10-11	2018-12-12
	930. BANK OF AMERICA CORP		2018-07-27	2018-12-12
	360. BANK NEW YORK MELLON CORP COM		2016-04-29	2018-12-12
	290. BAXTER INTERNATIONAL INC		2018-01-04	2018-12-12
	100. BIOGEN INC			2018-12-12
	90. BOEING CO			2018-12-12
	370. BRISTOL MYERS SQUIBB CO			2018-12-12
	250. BURLINGTON STORES INC			2018-12-12
	710. CBRE GROUP INC			2018-12-12
	430. CSX CORP COM			2018-12-12
	295. CELANESE CORP			2018-12-12
	180. CENTENE CORP			2018-12-12
	310. CHEVRON CORPORATION			2018-12-12
	440. CISCO SYS INC COM			2018-12-12
	430. CISCO SYS INC COM			2018-12-12
	330. CITIGROUP INC			2018-12-12
	800. CITIZENS FINANCIAL GROUP		2016-11-14	2018-12-12
	745. COMCAST CORPORATION CL A			2018-12-12
	306. COMCAST CORPORATION CL A		2018-10-11	2018-12-12
	360. CONOCOPHILLIPS			2018-12-12
	100. COSTCO WHSL CORP NEW COM		2018-07-27	2018-12-12
	210. DANAHER CORP		2018-06-15	2018-12-12
	170. DOLLAR GENERAL CORP			2018-12-12
	200. EASTMAN CHEM CO			2018-12-12
	190. FACEBOOK INC		2016-05-06	2018-12-12
	200. HOME DEPOT INC COM			2018-12-12
	390. INTEL CORP		2018-11-02	2018-12-12
	460. INTEL CORP			2018-12-12
	660. J P MORGAN CHASE & CO COM			2018-12-12
	310. KOHLS CORP COM			2018-12-12
	220. LILLY ELI & CO			2018-12-12
	218. MCCORMICK & CO INC COM NON VTG			2018-12-12
	200. MCDONALDS CORP COM			2018-12-12
	305. MICROSOFT CORP		2015-12-18	2018-12-12
	510. MICROSOFT CORP			2018-12-12
	550. MORGAN STANLEY		2016-10-21	2018-12-12
	110. NORFOLK SOUTHN CORP COM			2018-12-12
	80. NORTHROP GRUMMAN CORPORATION		2015-07-20	2018-12-12
	270. OCCIDENTAL PETE CORP COM			2018-12-12
	770. PFIZER INC COM		2017-11-10	2018-12-12
	280. PRICE T ROWE GROUP INC COM			2018-12-12
	200. PROCTER & GAMBLE CO			2018-12-12
	110. RAYTHEON COMPANY		2016-01-29	2018-12-12
	220. S&P GLOBAL INC			2018-12-12
	500. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2			2018-12-12
	539. SUNTRUST BANKS INC COM		2016-06-24	2018-12-12
	320. T-MOBILE US INC			2018-12-12
	500. TOTAL FINA S A			2018-12-12
	150. UNITED RENTALS INC COM		2017-05-25	2018-12-12
	30. UNITED RENTALS INC COM			2018-12-12
	200. UNITED TECHNOLOGIES CORP COM		2018-07-13	2018-12-12
	140. UNITEDHEALTH GROUP INC COM			2018-12-12
	250. VISA INC CLASS A SHARES		2013-02-08	2018-12-12
	470. WEC ENERGY GROUP INC			2018-12-12
	410. WASTE MANAGEMENT INC			2018-12-12
	70. WELLCARE HEALTH PLANS, INC.			2018-12-12
	360. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182			2018-12-12
	476. AIR LIQUIDE ADR			2018-12-13
	207. BBA AVIATION PLC-UNSPON ADR ADR SEDOL B2RB0W1		2016-06-29	2018-12-13
	160. CSL LTD-SPONSORED ADR ADR SEDOL BN5TD14		2012-02-15	2018-12-13
	172. RWE AG SPONSORED ADR REPSTG ORD PAR		2017-04-05	2018-12-14
	172. XPO LOGISTICS INC		2017-11-01	2018-12-17
	47438.33 BAIRD AGGREGATE BOND FUND FD 72			2018-12-19
	37735.849 DODGE & COX INCOME FUND			2018-12-19
	7646. ISHARES INTERMEDIATE-TERM CORPORATE BOND			2018-12-19
	13997. ISHARES CORE MSCI EAFE ETF ETF			2018-12-19
	18588.262 PRINCIPAL MID CAP FUND CLASS INS			2018-12-19
	594. SPDR GOLD TRUST ETF		2008-10-15	2018-12-19
	20719. ISHARES SELECT DIVIDEND ETF		2011-12-21	2018-12-20
	3750. ISHARES TR S&P MIDCAP 400		2012-02-07	2018-12-20
	14. MOHAWK INDS INC		2018-12-20	2018-12-20
	8. O REILLY AUTOMOTIVE INC		2018-12-20	2018-12-20
	13. ROPER INDS INC NEW		2018-12-20	2018-12-20
	42. ROSS STORES INC		2018-12-20	2018-12-20
	15. S&P GLOBAL INC		2018-12-20	2018-12-20
	14. AON PLC		2018-12-20	2018-12-20
	1668. ISHARES TR S&P SMLCP GROW		2012-03-27	2018-12-27
	283. OCEANEERING INTERNATIONAL INC		2018-12-24	2018-12-27
	5853. VANGUARD FTSE EMERGING MARKETS ETF			2018-12-27
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	5,541	1,297	4,244
b	7,325	908	6,417
c	200,000	199,618	382
d	7,104	5,457	1,647
e	1,873	1,430	443
	7,962	5,319	2,643
	9,166	5,859	3,307
	19,295	12,616	6,679
	9,669	1,540	8,129
	5,932	9,514	-3,582
	1,383	3,168	-1,785
	53	64	-11
	7,356	7,059	297
	14,605	11,529	3,076
	145	141	4
	2,735	2,679	56
	3,601	3,532	69
	1,918	1,884	34
	9,352	9,228	124
	10,785	10,300	485
	3,186	2,411	775
	16,785	15,617	1,168
	9,768	2,513	7,255
	8,140	6,395	1,745
	8,234	5,948	2,286
	1,101	212	889
	2,871	2,301	570
	3	2	1
	28,467	27,677	790
	7,408	6,883	525
	17,142	14,808	2,334
	7,891	7,338	553
	4,065	2,535	1,530
	5,097	2,060	3,037
	19,191	17,475	1,716
	389	359	30
	2,772	2,523	249
	20,785	21,385	-600
	2,807	2,212	595
	10,929	8,405	2,524
	2,753	2,245	508
	2,703	2,049	654
	14,368	13,302	1,066
	7,184	7,462	-278
	133	25	108
	19,693	6,788	12,905
	8,776	5,793	2,983
	16,939	11,298	5,641
	5,558	9,185	-3,627
	5,026	5,170	-144
	18,039	11,832	6,207
	7,487	2,838	4,649
	7,495	6,812	683
	2,744	2,349	395
	2,653	2,303	350
	2,628	2,493	135
	12,085	11,374	711
	19,136	13,671	5,465
	1,471	1,056	415
	3,531	3,299	232
	3,485	3,253	232
	1,335	1,250	85
	523	491	32
	237	223	14
	6,264	6,487	-223
	8,295	8,825	-530
	8,342	2,616	5,726
	12,186	12,672	-486
	31,164	27,144	4,020
	2,624	2,251	373
	2,694	2,345	349
	4,357	1,115	3,242
	2,817	1,977	840
	2,560	2,368	192
	2,680	2,251	429
	200,567	108,721	91,846
	21,533	25,758	-4,225
	5,028	5,954	-926
	5,300	6,370	-1,070
	3,746	3,033	713
	7,448	6,142	1,306
	7,909	7,376	533
	13,725	16,663	-2,938
	5,526	4,217	1,309
	2,206	1,768	438
	710	627	83
	2,115	1,881	234
	23,644	9,260	14,384
	8,980	10,489	-1,509
	5,547	6,479	-932
	2,980	2,447	533
	7,325	2,518	4,807
	21,573	8,767	12,806
	6,364	4,636	1,728
	2,706	1,967	739
	11,833	7,447	4,386
	13,987	10,262	3,725
	9,218	5,851	3,367
	13,022	10,941	2,081
	6,045	3,459	2,586
	2,652	2,621	31
	9,876	9,668	208
	7,146	5,777	1,369
	21,236	17,173	4,063
	1,220	984	236
	6,127	6,483	-356
	1,213	1,283	-70
	14,835	14,502	333
	3,218	3,714	-496
	2,867	3,457	-590
	7,165	8,537	-1,372
	346	342	4
	2,193	1,859	334
	1,685	303	1,382
	28	26	2
	232		232
	2,595	2,623	-28
	18,774	17,724	1,050
	13,227	10,676	2,551
	7,491	6,038	1,453
	22,514	15,399	7,115
	809	647	162
	13,387	10,677	2,710
	1,227	527	700
	572	633	-61
	714	310	404
	659	392	267
	770	598	172
	586	435	151
	548	263	285
	907	650	257
	921	669	252
	608	170	438
	1,122	478	644
	803	542	261
	2,271	2,137	134
	9,667	9,005	662
	330	305	25
	9,407	8,755	652
	8,186	7,602	584
	198	184	14
	765	628	137
	744	647	97
	972	942	30
	16,842	8,530	8,312
	10,706	11,170	-464
	1,431	1,498	-67
	22,201	17,118	5,083
	12,588	13,213	-625
	27		27
	4,226	1,085	3,141
	896	819	77
	981	1,002	-21
	921	696	225
	911	804	107
	296	236	60
	8,738	5,720	3,018
	858	978	-120
	1,122	1,289	-167
	4,230	4,940	-710
	6	5	1
	1,634	2,078	-444
	14,297	18,823	-4,526
	5,932	7,015	-1,083
	4,835	6,490	-1,655
	764	1,013	-249
	3,129	4,155	-1,026
	1,221	1,656	-435
	1,952	1,957	-5
	661	806	-145
	1,257	1,535	-278
	163	130	33
	13,117	10,466	2,651
	4,509	830	3,679
	19,287	19,232	55
	2,346	2,354	-8
	413	338	75
	626	642	-16
	1,961	1,411	550
	10,134	7,294	2,840
	15	15
	11,792	15,734	-3,942
	638	666	-28
	1,617	984	633
	34,461	20,319	14,142
	1,918	2,621	-703
	203	278	-75
	1,742	1,776	-34
	1,644	2,227	-583
	317	430	-113
	7,478	6,762	716
	2,438	2,340	98
	8,825	8,051	774
	1,618	1,473	145
	7,107	2,371	4,736
	2,455	2,505	-50
	5,101	5,887	-786
	1,488	1,375	113
	5,068	7,398	-2,330
	3,175	2,592	583
	1,517	1,354	163
	7,311	6,270	1,041
	19,477	21,270	-1,793
	904	989	-85
	4	4
	541	25	516
	2,907	3,585	-678
	2,271	2,025	246
	19,730	21,119	-1,389
	56,530	37,720	18,810
	66,104	59,291	6,813
	23,342	15,738	7,604
	37,615	23,420	14,195
	17,740	18,946	-1,206
	90,514	58,988	31,526
	27,750	30,765	-3,015
	32,430	29,801	2,629
	31,001	27,246	3,755
	23,008	28,881	-5,873
	17,461	14,442	3,019
	19,592	19,840	-248
	32,736	27,487	5,249
	29,598	23,798	5,800
	19,963	22,543	-2,580
	41,128	21,497	19,631
	29,326	33,237	-3,911
	30,008	30,613	-605
	26,406	31,172	-4,766
	24,346	19,666	4,680
	36,309	39,053	-2,744
	21,092	11,969	9,123
	20,613	19,182	1,431
	18,702	22,293	-3,591
	25,595	24,542	1,053
	27,661	17,316	10,345
	11,361	10,470	891
	23,941	19,160	4,781
	22,862	21,971	891
	21,768	21,437	331
	17,861	19,953	-2,092
	14,647	20,702	-6,055
	27,837	22,653	5,184
	34,833	17,677	17,156
	18,861	18,409	452
	22,247	16,257	5,990
	66,829	38,225	28,604
	19,672	20,450	-778
	25,273	19,689	5,584
	33,672	26,575	7,097
	36,620	30,801	5,819
	33,858	16,728	17,130
	56,614	54,348	2,266
	22,796	18,381	4,415
	17,368	19,004	-1,636
	21,739	13,596	8,143
	17,857	20,373	-2,516
	34,193	26,982	7,211
	26,488	23,543	2,945
	18,674	17,752	922
	19,162	14,002	5,160
	37,482	24,080	13,402
	15,660	20,768	-5,108
	29,378	22,041	7,337
	21,335	21,711	-376
	27,510	24,410	3,100
	16,611	16,865	-254
	3,322	5,038	-1,716
	24,099	25,900	-1,801
	38,092	21,147	16,945
	35,067	9,848	25,219
	34,818	16,604	18,214
	37,363	34,711	2,652
	17,299	20,603	-3,304
	27,084	28,408	-1,324
	11,532	9,078	2,454
	2,803	3,090	-287
	10,477	2,637	7,840
	3,773	2,850	923
	9,343	11,998	-2,655
	500,000	504,294	-4,294
	500,000	514,024	-14,024
	399,962	397,087	2,875
	781,582	802,372	-20,790
	419,723	470,000	-50,277
	70,507	49,305	21,202
	1,850,852	1,110,748	740,104
	620,966	364,458	256,508
	1,630	1,623	7
	2,675	2,658	17
	3,421	3,446	-25
	3,253	3,250	3
	2,483	2,484	-1
	2,050	2,056	-6
	260,064	139,778	120,286
	3,288	3,317	-29
	219,152	230,846	-11,694
			102,249

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			4,244
b			6,417
c			382
d			1,647
e			443
			2,643
			3,307
			6,679
			8,129
			-3,582
			-1,785
			-11
			297
			3,076
			4
			56
			69
			34
			124
			485
			775
			1,168
			7,255
			1,745
			2,286
			889
			570
			1
			790
			525
			2,334
			553
			1,530
			3,037
			1,716
			30
			249
			-600
			595
			2,524
			508
			654
			1,066
			-278
			108
			12,905
			2,983
			5,641
			-3,627
			-144
			6,207
			4,649
			683
			395
			350
			135
			711
			5,465
			415
			232
			232
			85
			32
			14
			-223
			-530
			5,726
			-486
			4,020
			373
			349
			3,242
			840
			192
			429
			91,846
			-4,225
			-926
			-1,070
			713
			1,306
			533
			-2,938
			1,309
			438
			83
			234
			14,384
			-1,509
			-932
			533
			4,807
			12,806
			1,728
			739
			4,386
			3,725
			3,367
			2,081
			2,586
			31
			208
			1,369
			4,063
			236
			-356
			-70
			333
			-496
			-590
			-1,372
			4
			334
			1,382
			2
			232
			-28
			1,050
			2,551
			1,453
			7,115
			162
			2,710
			700
			-61
			404
			267
			172
			151
			285
			257
			252
			438
			644
			261
			134
			662
			25
			652
			584
			14
			137
			97
			30
			8,312
			-464
			-67
			5,083
			-625
			27
			3,141
			77
			-21
			225
			107
			60
			3,018
			-120
			-167
			-710
			1
			-444
			-4,526
			-1,083
			-1,655
			-249
			-1,026
			-435
			-5
			-145
			-278
			33
			2,651
			3,679
			55
			-8
			75
			-16
			550
			2,840

			-3,942
			-28
			633
			14,142
			-703
			-75
			-34
			-583
			-113
			716
			98
			774
			145
			4,736
			-50
			-786
			113
			-2,330
			583
			163
			1,041
			-1,793
			-85

			516
			-678
			246
			-1,389
			18,810
			6,813
			7,604
			14,195
			-1,206
			31,526
			-3,015
			2,629
			3,755
			-5,873
			3,019
			-248
			5,249
			5,800
			-2,580
			19,631
			-3,911
			-605
			-4,766
			4,680
			-2,744
			9,123
			1,431
			-3,591
			1,053
			10,345
			891
			4,781
			891
			331
			-2,092
			-6,055
			5,184
			17,156
			452
			5,990
			28,604
			-778
			5,584
			7,097
			5,819
			17,130
			2,266
			4,415
			-1,636
			8,143
			-2,516
			7,211
			2,945
			922
			5,160
			13,402
			-5,108
			7,337
			-376
			3,100
			-254
			-1,716
			-1,801
			16,945
			25,219
			18,214
			2,652
			-3,304
			-1,324
			2,454
			-287
			7,840
			923
			-2,655
			-4,294
			-14,024
			2,875
			-20,790
			-50,277
			21,202
			740,104
			256,508
			7
			17
			-25
			3
			-1
			-6
			120,286
			-29
			-11,694

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,764,013
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	743,932	16,046,912	0.04636
2016	768,159	15,186,649	0.050581
2015	768,239	15,620,081	0.049183
2014	677,957	15,611,506	0.043427
2013	4,904	14,533,204	0.000337

Total of line 1, column (d) .....................

0.189888

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.037978

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

16,213,433

Multiply line 4 by line 3......................

615,754

Enter 1% of net investment income (1% of Part I, line 27b)...........

20,692

Add lines 5 and 6........................

636,446

Enter qualifying distributions from Part XII, line 4,.............

784,825

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2018)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	20,692
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	20,692
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	20,692
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	19,286
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	19,286
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,406
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 768-5898

Located at bullet

116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4 bullet

15212

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2018.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK NA	TRUSTEE 24	116,855
116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	TRUSTEE 24	116,855

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

16,460,338

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

16,460,338

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

16,460,338

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

246,905

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

16,213,433

Minimum investment return. Enter 5% of line 5..................

810,672

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

810,672

Tax on investment income for 2018 from Part VI, line 5......

20,692

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

20,692

Distributable amount before adjustments. Subtract line 2c from line 1............

789,980

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

789,980

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

789,980

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

784,825

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

784,825

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

20,692

Adjusted qualifying distributions. Subtract line 5 from line 4..............

764,133

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7					789,980
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				768,299
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	0
b From 2014......	0
c From 2015......	0
d From 2016......	0
e From 2017......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2018 from Part
XII, line 4: $ 784,825
a Applied to 2017, but not more than line 2a				768,299
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2018 distributable amount.....					16,526
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........					773,454
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2014....	0
b Excess from 2015....	0
c Excess from 2016....	0
d Excess from 2017....	0
e Excess from 2018....	0

Form 990-PF (2018)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
NEW CASTLE PRESBYTERY 1102 W CHURCH ROAD NEWARK,DE197112506	NONE	PC	GENERAL SUPPORT/UPKEEP OF	778,982
Total ................................. 3a				778,982

bApproved for future payment

Total ................................. 3b

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	431,803
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	1,764,013
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aSAP SE SPONSORED A			14	318
bZURICH INS GROUP L			14	136
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				2,196,270

13Total. Add line 12, columns (b), (d), and (e)..................

2,196,270

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	4,548,007	4,436,449
MUTUAL FUNDS - EQUITY	AT COST	4,154,976	4,053,600
ALTERNATIVE INVESTMENTS	AT COST	3,971	4,011

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MAP MANAGEMENT FEES	8,917	8,917		0
ADR SERVICE FEES	2,042	2,042		0

Category	Amount	Net Investment Income
FOREIGN TAXES	5,117	5,117
FEDERAL TAX PAYMENT - PRIOR YE	13,430	0
FEDERAL ESTIMATES - PRINCIPAL	19,286	0